Tané Delegate Thread

Delegate Platform
11

Lido Alliance application: Bolt (Snapshot)

Summary:

Chainbound proposes that the Lido Alliance adopts Bolt, their preconfirmation protocol offering near-instant (250ms) confirmations for Ethereum transactions, enhancing validator revenue. They suggest a 6.5% token allocation to Lido, split into strategic (3.5%) and KPI-based (3%) portions.

Vote: Onboard Bolt to Lido Alliance

Rationale:

Preconfirmation has been a hot topic around Ethereum staking and was also consider the initial scope in the reGOOSE, thus we consider the alliance with the leading protocol reasonable from the Lido perspective.

However, it is still unclear to what extent Lido DAO should support preconfirmation, and this should become clear after thorough research such as this Nethermind’s research on preconf’s economic viability. We will review the progress of the protocol development and support the growth as an Ethereum/Lido-aligned node operator.

Integrate CSM into the Decentralized Validator Vault (Snapshot)

Summary:

This proposal aims to integrate the new CSM into Mellow’s Decentralized Validator Vault, where the Simple DVT module is already integrated with. This also means that a certain portion of the points provided by Mellow, SSV, and Obol will also go to the CSM cluster.

Vote: Yes, vote for the integration

Rationale:

Currently, we believe Lido should grow both SDVT module and CSM, and this proposal is reasonable because the point incentives provided for SDVT’s growth can also be utilized to incentivize deposits to CSM. In the future, it would make sense to have a separate vault for CSM, following the roadmap of the Staking Router development, and let the market decide which staking module to be in favor.

Should the Lido DAO recognize the wstETH bridge endpoints on Zircuit as canonical? (Snapshot)

Summary:

The proposal asks Lido DAO to officially acknowledge wstETH token bridges on Zircuit, an AI-enabled Layer 2 rollup. Approval would grant Lido DAO proxy admin rights for the wstETH contract.

Vote: Recognize

Rationale:

We voted to recognize this bridge as canonical after checking the audits were done for these implementations. This should lead to the further expansion of stETH.
Since the safety and effectiveness of code audits can vary depending on factors such as the auditor, reviews and checks like those performed by @TheDZhon are extremely helpful in enhancing security.

Vote #180 (Onchain)

Summary:

This is the on-chain proposal mainly regarding the mainnet deployment of the Community Staking Module. It includes three proposals that were previously approved in Snapshot votes.

The actual voting scripts and proposal details are summarized in Staking Router 2.0 + Community Staking Module voting script - HackMD.

Vote: Yes

Rationale:

We supported all three of the proposals listed above. Especially, approving CSM is an important step toward enhancing the decentralization of Lido and Ethereum, and we didn’t find any issues with supporting them. We also acknowledge that the audits have been done by Ackee Blockchain and MixBytes. Everything seems on track, so we support this proposal as we have before.

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